Course Summary
Chart formations
This course is an essential resource for traders looking to achieve better results and maximize their profits in the world of stock exchanges.
By mastering the basics of chart patterns, traders can gain a deeper understanding of the market and make more informed decisions.
The presentation covers 31 different chart patterns, including the formation of each pattern, specific parameters to look for, the trading volume and how to calculate the target price. Each formation is accompanied by real-life examples, providing traders with practical, hands-on experience in recognizing and applying chart patterns in their own trading strategies.
With a total of 150 slides, the presentation provides in-depth coverage of all the key concepts and principles involved in using chart patterns for effective trading. Whether you are a beginner or an experienced trader, this course will be a valuable resource for improving your understanding of the market and achieving greater success in your trading endeavors.
The presentation contains 150 slides.
Number of Lessons: 7
Connecting the shadows of candlesticks can result geometric formations, determining safe entry and exit points.
These are the two categories of chart formations. The challenge is to recognise the type of the formation as soon as possible.
Trading volume has an important role in examining formations, since it helps to identify breakout points and to calculate the target price.
Not every time horizon is applicable for every formation. This categorisation is taught in this lesson.
Formations are categorised into 2 big groups: Trend continuation and reversal formations.
The lesson lists the trend continuation chart formations and illustrates them with real examples. Apart from the different triangles, the cup and handle, the flag, the pennant, and the wedge formations are introduced. The meanings of the different market gaps are also included in this lesson.
The lesson lists the trend reversal chart formations and illustrates them with real examples. Apart from the different reversal formations, the head and shoulders, the double bottom, and the double top formations are introduced.
Details
Quizzes
Lessons
Slices
Achievable Badge:
What You’ll Learn:
- How to recognize the various patterns in time,
- For what time period is it worth to use chart patterns,
- What are the parameters specific to the various chart patterns,
- How to group chart patterns,
- Why is it important to consider volumes in the case of chart patterns,
- How to calculate the price target correctly.
In this course:
20
18
12
4
1
1
1
1
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